A Washington Post-ABC News-Ipsos poll shows US President Donald Trump’s approval rating dipping to 37 per cent ahead of the November midterms, with widespread disapproval of his handling of the economy, inflation, and the Iran conflict.
President Donald Trump said negotiations with Iran remain uncertain, expressing dissatisfaction with current proposals. He highlighted internal divisions within Iran’s leadership and claimed its military capabilities are weakened.
Prime Minister Shehbaz Sharif has said that the ongoing US-Iran war has severely impacted Pakistan’s economy, with the oil import bill surging from USD 300 million to USD 800 million.
A seminar in Hyderabad organised by COVA, in collaboration with Amoomat Society and PUCAAR, brought together intellectuals and activists to discuss the urgent role of civil society in denouncing wars and sectarian violence.
China has strongly criticised the US blockade of the Strait of Hormuz, calling it a "dangerous and irresponsible move" that threatens regional stability. Beijing denied allegations of aiding Iran militarily and warned of countermeasures if Washington raises tariffs.
Indian equity markets opened sharply lower as rising crude oil prices amid the US-Iran war dampened investor sentiment. Sensex and Nifty fell over 0.6 per cent, while most sectoral indices traded in the red. Analysts warned higher oil prices could increase inflation and market volatility
Gold and silver prices fell as investors booked profits, despite geopolitical tensions and a softer US dollar. MCX gold dropped to Rs 1,62,452/10g and silver to Rs 2,73,150/kg, while crude oil eased below $90, easing inflation concerns
Crude oil prices fell after reports the International Energy Agency may release record emergency reserves to curb the surge triggered by the US-Iran war. Brent and WTI declined sharply as G7 nations explored measures to stabilise markets and ease global energy costs
